- HDB resale prices increase 1.2% in May 2021 compared to April 2021. Mature and Non-Mature Estates prices increase by 0.9% and 1.4% respectively, as compared to April 2021. In terms of room types, 3 Room, 4 Room, 5 Room and Executive prices increase by 1.6%, 1.0%, 1.5% and 1.4% respectively.
According to the SRX Property Price Index for HDB Resale:
- Year-on-year, the overall price increase is 12.0%.
- Year-on-year, prices for all room types increase in May 2021: 3 Room by 13.7%, 4 Room by 11.1%, 5 Room by 12.0% and Executive by 13.0%.
- Mature and Non-Mature Estates prices increase by 11.6% and 12.4% respectively from a year ago.
- May 2021 prices are 2.6% lower than the peak in April 2013.
- 1,966 HDB resale transactions in May 2021, representing a 16.0% decrease from April 2021.
- Year-on-year, resale volume in May 2021 is 440.1% higher than the previous year.
- Breaking down by room types, in May 2021, 43.5% of the volume comes from HDB 4 Room, 26.7% from 5 Room, 21.1% from 3 Room and 7.3% from Executive. The rest are from 1 Room, 2 Room and Multi-Gen.
- The highest transacted price for a resale flat in the month is achieved at $1,210,000 by a 5 Room unit at Buona Vista Court. In Non-Mature Estates, the highest transacted price is achieved at $865,000 by an Executive Apartment unit at Hougang Central.
- In May 2021, there are 13 HDB resale flats transacted for at least $1,000,000, representing a decrease from April 2021 in which 21 such units were transacted.
- The number of million-dollar flats sold comprises 0.7% of the total resale volume in the month.
- In the first five months of 2021, a total of 87 HDB flats have been transacted for more than a million dollars so far, surpassing the 82 million-dollar flats sold for the whole year of 2020.
